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Affiliated Managers Group (FRA:AFS) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Affiliated Managers Group Equity-to-Asset Related Terms
Affiliated Managers Group Equity-to-Asset Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:AFS vs MAAS, PDI, SEIC: Equity-to-Asset Comparison
For the Asset Management subindustry, Affiliated Managers Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Affiliated Managers Group Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Affiliated Managers Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Affiliated Managers Group's Equity-to-Asset falls into.
Affiliated Managers Group Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Affiliated Managers Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Affiliated Managers Group (FRA:AFS) has a Equity-to-Asset of 0.32 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Affiliated Managers Group and its competitors. This is 16% below median its historical median of 0.38. Over the past decade, Affiliated Managers Group's Equity-to-Asset has ranged from 0.31 to 0.44. According to the industry distribution chart, Affiliated Managers Group ranks #1466 out of 1630 companies in the Asset Management industry, placing it in the top 89.9%.
Is Affiliated Managers Group's Equity-to-Asset too high?
Affiliated Managers Group's current Equity-to-Asset of 0.32 is 16% below median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.44. The Asset Management industry median Equity-to-Asset is 0.83. Affiliated Managers Group's value of 0.32 is 61.4% below this industry median. Based on the distribution chart, Affiliated Managers Group ranks #1466 out of 1630 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Affiliated Managers Group has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Affiliated Managers Group's Equity-to-Asset compare to MAAS and PDI?
According to the Asset Management industry distribution chart, Affiliated Managers Group ranks #1466 out of 1630 companies for Equity-to-Asset. This places Affiliated Managers Group in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Affiliated Managers Group's value of 0.32 is 61.4% below this benchmark. Historically, Affiliated Managers Group's own Equity-to-Asset has ranged from 0.31 to 0.44 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.83, Affiliated Managers Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,630 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Affiliated Managers Group's current Equity-to-Asset of 0.32 is 61.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Affiliated Managers Group and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Affiliated Managers Group's current Equity-to-Asset is 0.32, which is 16% below median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Affiliated Managers Group stock overvalued right now?
Affiliated Managers Group (FRA:AFS) has a current Equity-to-Asset of 0.32. The stock's GF Value™ is €235.69, compared to a current price of €314.00 — trading 33.2% above its estimated fair value. The current Equity-to-Asset is 0.32, which is 16% below median its 10-year median of 0.38 and 61.4% below the Asset Management industry median of 0.83. Affiliated Managers Group's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Affiliated Managers Group (FRA:AFS), the current Equity-to-Asset is 0.32 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Affiliated Managers Group (FRA:AFS) Overvalued in 2026?
Based on GuruFocus' analysis, Affiliated Managers Group stock appears to be overvalued.
The current stock price of €314.00 is trading 33.2% above its estimated GF Value™ of €235.69.
Key valuation signals for FRA:AFS:
Equity-to-Asset: 0.32 (16% below median its 10-year median of 0.38)
GF Value™: €235.69 vs. price of €314.00 (33.2% above fair value)
Industry Position: 61.4% below the Asset Management median (#1466 of 1630)
No single metric tells the full story. See the FRA:AFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Affiliated Managers Group offers investment strategies to investors through its network of affiliates. The firm typically buys a majority interest in small to mid-size boutique asset managers, receiving a fixed percentage of revenue from these firms in return. Affiliates operate independently, with AMG providing strategic, operational, and technology support, as well as global distribution. At the end of December 2025, AMG's affiliate network—which includes firms like Abacus Capital and Pantheon dedicated to private markets (which accounted for 18% of AUM), AQR Capital and Capula Investment Management in liquid alternatives (28%), and Harding Loevner, Tweedy Browne, Parnassus, and Yacktman in equities, multi-asset, and bond strategies (54%)—had $813.3 billion in managed assets.
83GF Score
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